Wisesoft(002253)2024-03-28 16:00Financial Performance - The company's operating revenue for 2023 was ¥179,697,781.88, a decrease of 26.92% compared to ¥245,882,778.55 in 2022[17]. - The net profit attributable to shareholders was -¥171,663,330.56, representing a decline of 196.29% from -¥57,937,836.45 in the previous year[17]. - The basic and diluted earnings per share were both -¥0.76, a decrease of 192.31% compared to -¥0.26 in 2022[17]. - Total assets at the end of 2023 were ¥1,565,021,802.17, down 10.63% from ¥1,751,181,509.81 at the end of 2022[17]. - The net assets attributable to shareholders decreased by 12.46% to ¥1,203,613,485.55 from ¥1,374,869,505.20 in 2022[17]. - The revenue after deducting non-operating income was ¥176,763,647.04, compared to ¥244,743,374.38 in 2022[17]. - Total revenue for 2023 was ¥179,697,781.88, a decrease of 26.92% compared to ¥245,882,778.55 in 2022[34]. - Software industry revenue accounted for ¥175,620,316.22, representing 97.73% of total revenue, down 28.15% from ¥244,412,788.05[34]. - Revenue from aviation and air traffic control products and services was ¥90,322,901.68, a decline of 36.61% from ¥142,494,216.04[34]. - Revenue from artificial intelligence products and services dropped by 63.51% to ¥14,328,777.25 from ¥39,265,048.83[34]. - Revenue from virtual reality and augmented reality products and services increased by 13.89% to ¥70,676,381.25 from ¥62,058,597.93[34]. - The Northeast region saw a revenue decline of 52.73% to ¥9,509,736.67 from ¥20,118,351.38[34]. - The Southwest region's revenue decreased by 22.97% to ¥88,276,999.13 from ¥114,598,172.91[34]. Cash Flow and Expenses - The net cash flow from operating activities increased by 97.84% to ¥60,130,316.65, up from ¥30,392,772.83 in 2022[17]. - The company recorded a net cash flow from operating activities of CNY 47.20 million in Q4 2023, following a negative cash flow of CNY 3.89 million in Q1 2023[22]. - Total operating costs for 2023 were ¥170,928,197.00, down 18.15% from ¥208,823,036.99 in 2022[44]. - R&D expenses increased by 18.27% to ¥54,188,133.60 from ¥45,816,412.87[49]. - Sales expenses increased by CNY 18.8722 million, a year-on-year growth of 123.80%, mainly due to increased salary expenses related to sales and costs incurred for unfinalized sales contracts[50]. - Income tax expenses decreased by CNY 16.5764 million, a year-on-year decline of 243.40%, primarily due to an increase in deferred tax assets[51]. Research and Development - The company is developing a high-speed, high-precision 3D camera and a multimodal non-contact automatic detection system for mental health, with trial applications ongoing[28]. - The company has made significant progress in core technology development, particularly in the mass production of new 3D cameras, enhancing market competitiveness[30]. - The company’s core competitiveness has increased significantly in 2023, marked by the successful completion of a major scientific instrument project[29]. - R&D investment amounted to CNY 27,786,792.96, a decrease of 56.09% compared to CNY 63,279,659.68 in the previous year, with R&D investment accounting for 15.46% of operating revenue, down from 25.74%[55]. - The number of R&D personnel decreased by 18.40% from 288 to 235, with the proportion of R&D personnel also declining by 3.79%[53]. - Capitalized R&D investment amounted to CNY 21,511,267.10, representing 77.42% of total R&D investment, down from 94.56% in the previous year[55]. - The company is developing high-precision 3D facial recognition technology and aims to enhance its market competitiveness in intelligent aviation and air traffic control[52]. - The company plans to continue optimizing its 3D dynamic recognition algorithms and expand applications in various fields, enhancing its core technology competitiveness[52]. Governance and Compliance - The company has established a strong governance structure, ensuring compliance with relevant laws and regulations, and maintaining independence from its controlling shareholder[83][85]. - The company has not reported any significant errors in information disclosure during the reporting period and has established effective communication channels with investors[92]. - The company has established a fair, transparent, and effective performance evaluation and incentive mechanism for senior management, aiming to enhance motivation and attract talent[93]. - The company received a warning letter from the Sichuan Regulatory Bureau for inaccurate disclosure of the 2022 annual performance forecast compared to the 2022 annual report, involving the chairman, vice chairman, and CFO[117]. - Director You Jian received a warning letter for engaging in short-term trading of company stock by his spouse, violating the Securities Law[116]. - The management team has a strong emphasis on compliance and governance, as evidenced by their response to regulatory actions[117]. - The company has maintained a commitment to timely and accurate disclosure of significant information affecting investors, adhering to regulatory requirements[156]. - The company has ensured compliance with the rules regarding related party transactions, maintaining fairness and legality in its dealings[155]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,778, compared to 43,081 in the previous period[194]. - The largest shareholder, You Zhisheng, holds 9.13% of the shares, amounting to 20,589,033 shares[195]. - Sichuan University, the second-largest shareholder, holds 6.97% with 15,724,800 shares[195]. - The third-largest shareholder, Sichuan Zhisheng Aerospace Technology Co., Ltd., holds 6.55% with 14,778,550 shares, and has pledged 3,400,000 shares[195]. - The total number of shares held by the top ten unrestricted shareholders amounts to 64,000,000 shares, representing a significant portion of the total share capital[195]. - The total number of shares remained at 225,626,095 with no changes in the shareholder structure reported[192]. - The company did not engage in any repurchase agreements among the top ten shareholders during the reporting period[198]. - The controlling shareholder, You Zhisheng, is a natural person and has not changed during the reporting period[199]. - You Zhisheng is a professor at Sichuan University and has held the position of chairman since March 2011[200]. Operational Challenges and Future Plans - The company has indicated uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[17]. - The company aims to achieve significant growth in business revenue by focusing on technological innovation and results transformation in the artificial intelligence sector while maintaining stable growth in traditional businesses[76]. - The company plans to diversify its market business model from a single project-based approach to a combination of projects, products, services, and technology transfers[76]. - The company is facing risks related to talent loss and the potential for technology loss, but it is actively seeking new profit models, including technology transfers[79]. - The company has implemented measures to optimize its organizational structure and improve operational efficiency[77]. Internal Control and Audit - The company has established a comprehensive internal control system to mitigate operational risks and ensure effective management[141]. - There were no significant internal control deficiencies reported during the period[141]. - The company maintained effective internal controls over financial reporting as of December 31, 2023, according to the internal control audit report[144]. - The total assets of the units included in the internal control evaluation accounted for 100% of the company's consolidated financial statement assets[142]. - The total operating income of the units included in the internal control evaluation accounted for 100% of the company's consolidated financial statement operating income[142]. - The company hired Sichuan Huaxin (Group) CPA Firm for internal control audit with an audit fee of 130,000 RMB[165]. Environmental and Social Responsibility - The company adheres to the GB/T24001-2016 environmental management system, emphasizing environmental protection and sustainable development[152]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[147]. - The company has implemented a GB/T45001-2020 occupational health and safety management system to safeguard employee rights and well-being[150]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[153].